Bald Mountain mine explained
The Bald Mountain Mine is a large gold mine in northern Nevada. It is an open-pit, run-of-mine, heap leach gold mine with conventional heap leaching technology and carbon absorption for ore treatment. The mine is located in White Pine County, Nevada, 110 kilometers southeast of Elko.
Proven and probable gold reserves were:
- December 31, 2011 .... 5.102 million ounces
- December 31, 2012 .... 5.161 million ounces
- December 31, 2013 .... 2.500 million ounces [2]
- December 31, 2014 .... 1.361 million ounces
- December 31, 2015 .... 1.142 million ounces [3]
- December 31, 2016 .... 2.133 million ounces
- December 31, 2017 .... 1,698 million ounces[4]
- December 31, 2018 .... 1.347 million ounces[1]
In January 2016, Kinross Gold acquired Bald Mountain along with a 50% interest of the Round Mountain gold mine from Barrick Gold Corporation for $610 million in cash. [5] [6]
2018 production
In 2018, 284,616 ounces of gold (2017: 282,715 oz) were produced, at a cost of $547 per ounce, a 15% improvement on the previous year's cost.[1]
See also
External links
39.9419°N -115.5422°W
Notes and References
- Web site: Kinross reports 2018 fourth-quarter and full-year results . Kinross Gold Corporation . 6 May 2019 . Toronto, ON . 13 February 2019.
- Web site: Bald Mountain . 2013 . Barrick Gold Corporation . 20 April 2014 . dead . https://web.archive.org/web/20140424104932/http://www.barrick.com/operations/united-states/bald-mountain/default.aspx . 24 April 2014 .
- Web site: 2015 Barrick Gold Annual Report. Barack Gold. 30 March 2017. 89. English.
- Web site: Kinross provides update on organic development projects and full-year 2017 exploration results . Kinross Gold Corporation . 6 May 2019 . Toronto, ON . 14 February 2018.
- Web site: Gilroy. Annie. How Bald Mountain Is a Positive for Kinross Gold. Market Realist. Market Realist. 23 September 2016.
- Web site: Kinross Gold 2015 Annual Report. www.Kinross.com. Kinross Gold Corporation. 7 September 2016. 2. English.
